A former financial adviser has been charged over dishonest conduct, having allegedly encouraged individuals to acquire shares in his firm’s robotic trading technology, resulting in losses of at least ...

Flows into Australasian sustainable funds have moved back into outflow territory in the second quarter of 2025 driven by US$400 million in redemptions from passive funds.

A new report from the Financial Services Council has detailed what advisers value the most from their licensee, as well as the time and cost savings from being part of an AFSL.

With an ESG product labelling consultation currently ongoing, Zenith’s head of responsible investment agrees the existing system for funds is so unclear that people may be better off ignoring it.

One advice licensee has been identified as a leader in gains for the new financial year, having gained 16 advisers over the last four weeks, while two others have also seen double-digits.

ASIC has banned another two former financial advisers of MWL Financial Services for making inappropriate advice to clients regarding the Shield Master Fund, following two bannings earlier this month.

Fixed income managers have shared how they are reacting to rising intermediary demand for bonds, and whether they are likely to expand their ranges into private credit.

Departed advisers from wealth manager Escala Partners has significantly contributed to outflows of $251 million from Powerwrap for Praemium.

ASIC has permanently banned a Melbourne individual who illegally provided financial advice which led investors to deposit $374,000 into his bank accounts.

With the role of BDMs evolving, AMP chief executive Alexis George admitted the firm “didn’t spend enough time on selling” and a renewed focus on this division is successfully helping to boost its cash ...

ASIC is suing advice business Fortnum Private Wealth, a subsidiary of Australia’s largest licensee Entireti, for alleged cyber security failures which led to client data being published on the dark ...

Insignia Financial has entered into a scheme implementation deed (SID) with PE bidder CC Capital, although at a lower price than initially bid. In a statement, the firm said CC Capital has agreed to a ...